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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH
NTAH 0.00400-60.0%Jul 24 5:00 PM EST

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To: Ditchdigger who wrote (2960)8/17/1998 4:10:00 PM
From: Steve  Read Replies (1) of 3817
 
<<How is this company acquiring new fields,with only cash flow from one well?(250-300 b/d) Cash from the sale of stock? Issuance of new stock?>>

Wells, particularly stripper wells are going for bargain basement prices. Probably under $1,000 per well.
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